Sherwin-Williams Upgraded to 'Hold' Rating

Zacks Research changes rating from 'strong sell' to 'hold' for paint and coatings giant

Apr. 2, 2026 at 11:37am

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Sherwin-Williams (NYSE:SHW), the global manufacturer and distributor of paints, coatings, and related products, has been upgraded by Zacks Research from a 'strong sell' rating to a 'hold' rating in a new research report released on Tuesday.

Why it matters

This rating change reflects a shift in analyst sentiment around Sherwin-Williams, one of the largest players in the highly competitive paints and coatings industry. The upgrade could signal a potential stabilization or improvement in the company's financial performance and outlook, which is closely watched by investors.

The details

Zacks Research cited several factors in its decision to upgrade Sherwin-Williams, including the company's recent financial results and market positioning. Other analysts have also recently adjusted their price targets and ratings for Sherwin-Williams, with Mizuho cutting its target from $410 to $371 while maintaining an 'outperform' rating, and UBS setting a $420 target price.

  • Zacks Research released the upgraded rating on Tuesday, April 2, 2026.

The players

Sherwin-Williams

A global manufacturer and distributor of paints, coatings, and related products, headquartered in Cleveland, Ohio.

Zacks Research

An equity research firm that provides investment research and analysis on publicly traded companies.

Mizuho

A global financial services group and one of the largest banks in Japan.

UBS

A Swiss multinational investment bank and financial services company.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The Sherwin-Williams rating upgrade by Zacks Research suggests that the company's financial performance and market positioning may be stabilizing, though analysts remain cautious and continue to adjust their price targets and ratings for the stock.